PNV

3.57%

$2.61 polynovo limited

Hi You post too much.Are you trying to convince buyers or...

First 10510 Last

Share
Profile

Follow
Lopez

12,318 Posts.

1103

23/10/23

17:13

Post #: 70489968
Share

Originally posted by TheAnalyst007: ↑

We know how they're performing, they're delivering very well on their promises to generate strong revenue growth. Management of PNV are delivering incredibly strongly relative to most companies, as measured by what they can control. It is obvious to anyone with even a pinch of business knowledge that they are in control of their bottom lines and will be very profitable when the deem it necessary to be profitable. At the moment, they have a big pile of cash so it is not necessary to be profitable.

You clearly have zero knowledge mate, don't make it sound like it's merely a different opinion. You are objectively incorrect. You are clueless, thinking all businesses MUST be the same and must be profitable. Every business is unique, and in the case of PNV, short term losses to generate high growth before being profitable in the longer run is a very good strategy.

I asked you before but you never answered. They have a large pile of cash, there are three things they can do with this. 1) They can let it sit on a bank account and decay due to inflation. 2) They can distribute it to shareholders (eg dividends). 3) they can invest it into pursuing growth.

Obviously option 1 is a terrible choice. Option 2 is also not what investors want. Option 3 is a very logical capital allocation. They have the cash, they don't need to raise more as a result of being loss making. They are investing this cash into growth. When they are running low on cash, that's when they'll switch modes and become profitable. Until then, spending approx $4-5m more than they generate in revenue is a very good allocation of cash.

But you seem to think your opinions are so great. What do you think they should be doing with this cash instead? Obviously you don't think they should be investing it into pursuing growth, so what should they do???

Expand

Hi
You post too much.
Are you trying to convince buyers or yourself.?

Aloha.

PNV Price at posting: $1.16 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

There are more pages in this discussion • 1,754 more messages in this thread...

First 10510 Last

Add PNV (ASX) to my watchlist

(20min delay)
Last $2.61		Change 0.090(3.57%)		Mkt cap ! $1.801B

Open	High	Low	Value	Volume
$2.59	$2.66	$2.58	$3.183M	1.217M

Buyers (Bids)

No.	Vol.	Price($)
2	19229	$2.61

Sellers (Offers)

Price($)	Vol.	No.
$2.62	3084	2

View Market Depth

No.	Vol.	Price($)
2	19229	2.610
2	1339	2.600
3	13532	2.590
2	7355	2.580
1	1945	2.570

Price($)	Vol.	No.
2.620	3084	2
2.630	3333	2
2.640	13410	5
2.650	133891	6
2.660	32074	7

Last trade - 16.10pm 16/08/2024 (20 minute delay)

PNV (ASX) Chart

Hi You post too much.Are you trying to convince buyers or...

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hi You post too much.Are you trying to convince buyers or...

Top Stories

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News